Whitbread’s (WTB) “Buy” Rating Reaffirmed at Deutsche Bank
Other equities research analysts have also issued research reports about the company. Barclays reaffirmed an equal weight rating and issued a GBX 3,920 ($56.13) price target on shares of Whitbread in a research report on Thursday, February 1st. Numis Securities reaffirmed a hold rating and issued a GBX 4,300 ($61.57) price target on shares of Whitbread in a research report on Monday, January 22nd. Citigroup reaffirmed a sell rating and issued a GBX 3,200 ($45.82) price target on shares of Whitbread in a research report on Monday, December 18th. Berenberg Bank reduced their price target on Whitbread from GBX 5,000 ($71.59) to GBX 4,900 ($70.16) and set a buy rating on the stock in a research report on Wednesday, December 20th. Finally, JPMorgan Chase increased their price target on Whitbread from GBX 4,010 ($57.42) to GBX 4,020 ($57.56) and gave the company a neutral rating in a research report on Friday, January 12th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. Whitbread presently has a consensus rating of Hold and a consensus price target of GBX 4,178.82 ($59.83).
WTB stock opened at GBX 4,197 ($60.09) on Monday. Whitbread has a 1 year low of GBX 3,499.90 ($50.11) and a 1 year high of GBX 4,333 ($62.04).
Whitbread PLC operates hotels, restaurants, and coffee shops. The company operates through two segments, Premier Inn & Restaurants and Costa. It operates approximately 760 hotels with 68,000 rooms in the United Kingdom, the Middle East, and Germany, as well as hotels under the Premier Inn brand name; hotels under the hub by Premier Inn brand name in the United Kingdom; and restaurants under the Brewers Fayre, Beefeater Grill, and Table Table brands.
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